CryptoQuant founder: Bitcoin seller liquidity crisis may be seen this year
CryptoQuant founder Ki Young Ju tweeted that there may be a bitcoin seller liquidity crisis this year.
In addition to GBTC, new funds from spot ETFs have increased by 95% month-on-month. At this rate, the holdings for this year could exceed several million bitcoins.
Currently, exchanges, miners, and their associated addresses hold 3 million bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IBM (IBM.US) Quantum Computing Reaches Key Milestone: Successfully Connects and Cools Two Cryogenic Modules, Aiming to Launch the World's First Fault-Tolerant Quantum Computer by 2029
On Wednesday, IBM announced that it has successfully connected and cooled two cryogenic modules within the same operating environment, and has completed preliminary testing. The company stated that this modular architecture is designed to scale into an ultra-low temperature shared system capable of connecting hundreds of quantum chips, marking a key step toward the launch of IBM Quantum Starling in 2029.
AF2 Capital plans 5.33-for-1 share consolidation effective Aug. 20
Camp4 Therapeutics CSO Daniel Tardiff disposes of 1,738 common shares worth $8,272.88
Crypto prices
More
